Mgr, Accounting

F5•Seattle, WA
•$120,600 - $180,000•Hybrid

About The Position

F5, Inc. is hiring a Manager, Accounting in Seattle, Washington. The role provides accounting guidance on revenue transactions to management, sales, stakeholders, foreign subsidiaries, accounting staff, and interns. It participates in the accounting close, reviews revenue transactions, evaluates customer contracts for revenue recognition impacts, and oversees processes and controls related to revenue accounting. The position also handles journal entries, account reconciliations, analytics, audit requests, high-risk transaction reviews, public cloud accounting processes, and technical accounting analysis of the company's Term License Subscription methodology. Part-time telecommuting is an option, with hybrid work from F5 offices in Seattle.

Requirements

  • Bachelor's degree or foreign equivalent in Business Administration, Accounting, or a related discipline.
  • At least 3 years of experience in the job offered or a related occupation.
  • Manage revenue accounting processes around revenue recognition and ensure compliance with accounting standards and regulations.
  • Oversee implementation and maintenance of revenue recognition policies and procedures.
  • Ensure revenue data accuracy and completeness by reviewing and reconciling accounts, analyzing revenue trends, and identifying potential issues or discrepancies.
  • Manage monthly close for revenue-related accounts and prepare monthly revenue reports for management.
  • Assist with developing and implementing internal controls related to revenue accounting.

Responsibilities

  • Provide guidance on appropriate accounting for transactions affecting revenue to management, sales, and other stakeholders.
  • Participate in the accounting close process.
  • Review revenue transactions and resolve discrepancies.
  • Work with management to develop processes, procedures, and controls needed to book transactions.
  • Respond to foreign subsidiaries' requests regarding revenue matters.
  • Evaluate customer contracts for potential revenue recognition impacts and work with stakeholders to mitigate risk.
  • Assess requests regarding contract adjustments.
  • Prepare standard and complex journal entries.
  • Reconcile balance sheet and income statement accounts.
  • Perform analytics on revenue and related balances.
  • Pull data and respond to auditor requests.
  • Provide guidance to accounting staff and interns.
  • Review specific high-risk transaction types.
  • Oversee the team's public cloud process involving AWS, Azure, and Google Cloud services.
  • Provide technical accounting analysis of the Company's Term License Subscription methodology.
  • Manage revenue accounting processes and ensure compliance with accounting standards and regulations.
  • Oversee implementation and maintenance of revenue recognition policies and procedures.
  • Review and reconcile accounts, analyze revenue trends, and identify potential issues or discrepancies to ensure revenue data accuracy and completeness.
  • Manage the monthly close process for revenue-related accounts and prepare monthly revenue reports for management.
  • Assist with developing and implementing internal controls related to revenue accounting.

Benefits

  • Competitive pay
  • 401k
  • Other benefits
  • Potential incentive compensation, bonus, and restricted stock units
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